Updated about 7 years ago on . Most recent reply
Typical Terms for Private Money
What are typical terms for private money investors? I know that all of this is very relative to the location, the properties invested, the perceived risk etc, but Im starting to look for private money on short term investment loans (so I can BRRRRR them) in which I will refinance and pay them off. We have good credit, money saved, investment experience etc, but I was thinking offering 14% and then moving to 12% on the deals, but not sure if thats too high, any thoughts? Thanks!